NASDAQ$MDB
MongoDB Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
MongoDB's Q4 2020 earnings exceeded expectations, demonstrating robust growth and continued adoption of its modern data platform.
MongoDB reported a strong fourth quarter in fiscal year 2020, with total revenue reaching $123.5 million, a 44% increase year-over-year. MongoDB Atlas revenue accounted for 41% of the total revenue, growing over 80% year-over-year. The company's customer base expanded to over 17,000, and Atlas surpassed $200 million in annualized revenue run rate.
- Total revenue reached $123.5 million, up 44% year-over-year.
- MongoDB Atlas revenue grew over 80% year-over-year, representing 41% of total Q4 revenue.
- The company exceeded $200 million in annualized revenue run rate for Atlas in Q4.
- MongoDB ended the quarter with over 17,000 customers.
Headline financials
Revenue & EPS history
MongoDB · Revenue · Quarterly
$124M
Revenue by segment
MongoDB · $5.67M total across 1 segment · Q4 2020
- Services$5.67M—100.0%
Forward guidance
MongoDB provided financial guidance for the first quarter and full year fiscal 2021, which includes an estimated negative revenue impact from the COVID-19 outbreak.
Tailwinds
- Revenue for the first quarter of fiscal 2021 is expected to be between $119.0 million and $121.0 million.
- Revenue for the full year fiscal 2021 is projected to be between $510.0 million and $530.0 million.
- MongoDB is well-positioned to benefit from the platform shift towards the cloud.
- Customers are embracing the modern data platform.
- Atlas is uniquely positioned to give customers freedom to run anywhere and leverage the benefits of each cloud provider.
Headwinds
- The company anticipates a negative revenue impact of $1-2 million in Q1 and $15-25 million for the full year fiscal 2021 due to COVID-19.
- Non-GAAP loss from operations for the first quarter of fiscal 2021 is expected to be between $(14.0) million and $(12.0) million.
- Non-GAAP loss from operations for the full year fiscal 2021 is projected to be between $(78.0) million and $(68.0) million.
- Non-GAAP net loss per share for the first quarter of fiscal 2021 is expected to be between $(0.25) and $(0.22).
- Non-GAAP net loss per share for the full year fiscal 2021 is projected to be between $(1.40) and $(1.23).
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2020
+4.1%
Avg return
Earnings day
+5.6%
Avg return
5 days after
+5.6%
Avg return
30 days after
68%
23 / 34 earnings
Positive
+37.7%
Q2 2026
Best reaction
-29.3%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | — | — | — | |
| Q4 2026 | +5.8% | -16.8% | -22.1% | |
| Q3 2026 | +5.1% | +24.6% | +27.6% | |
| Q2 2026 | +37.7% | +47.2% | +48.6% | |
| Q1 2026 | +12.7% | +6.7% | +5.8% | |
| Q4 2025 | -26.9% | -25.9% | -41.5% | |
| Q3 2025 | -15.3% | -22.2% | -27.6% | |
| Q2 2025 | +23.5% | +20.3% | +14.5% | |
| Q1 2025 | -29.3% | -30.5% | -25.2% | |
| Q4 2024 | -6.4% | -10.0% | -11.4% | |
| Q3 2024 | -8.4% | -9.7% | -14.3% | |
| Q2 2024 | +4.6% | +5.0% | -7.9% | |
| Q1 2024 | +28.1% | +31.9% | +39.9% | |
| Q4 2023 | -6.3% | -9.8% | -3.5% | |
| Q3 2023 | +19.9% | +28.9% | +15.8% | |
| Q2 2023 | -27.1% | -26.0% | -40.0% | |
| Q1 2023 | +20.9% | +15.8% | +13.4% | |
| Q4 2022 | +19.3% | +13.0% | +53.0% | |
| Q3 2022 | +11.0% | +12.8% | -4.8% | |
| Q2 2022 | +29.0% | +24.5% | +20.6% | |
| Q1 2022 | +9.6% | +11.4% | +25.9% | |
| Q4 2021 | +2.6% | +11.5% | +3.4% | |
| Q3 2021 | -0.2% | +21.2% | +25.4% | |
| Q2 2021 | -11.5% | -14.4% | -6.5% | |
| Q1 2021 | -15.4% | -13.8% | -3.8% | |
| Q4 2020 | +6.8% | +21.8% | +55.6% | |
| Q3 2020 | -1.5% | -2.1% | +6.9% | |
| Q2 2020 | +0.3% | -12.4% | -12.5% | |
| Q1 2020 | +6.9% | +24.7% | +12.8% | |
| Q4 2019 | +24.8% | +31.6% | +36.2% | |
| Q3 2019 | +6.8% | -0.7% | -10.7% | |
| Q2 2019 | +6.8% | +13.1% | -1.2% | |
| Q1 2019 | +0.7% | +9.4% | +5.4% | |
| Q4 2018 | +3.0% | -0.6% | +1.8% | |
| Q3 2018 | +1.8% | +9.5% | +10.2% | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — |
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